Far East Knitting and Dyeing Industries Limited Initial Public Offering (IPO) lottery result will be published on Thursday, 17 July 2014. IPO lottery draw ceremony will be held at Engineering Institute Auditorium at 1.00 PM. The information has announced by the company.
The result will have available Far East Knitting and Dyeing Industries Limited Website. Any result interested person will able to collect result of Far East Knitting and Dyeing Industries Ltd in just time from our blog. We are committed to provide result within just time.
The securities regulator Authority Bangladesh Securities and Exchange Commission (BSEC) approved the Initial Public Offering (IPO) according to the proposal of the Far East Knitting and Dyeing Industries Limited in in 25.03.2014. On the other hand the company performed subscription from June 15 to June 19, 2014.
Through subscription Far East Knitting and Dyeing Industries Limited offered 2.5 Crore Ordinary Shares to investors and Collected 67.5 Crore taka where each share face value Tk.10/-. Actually the company will use the money for BMRE, Bank Loan and IPO related expenditure etc.
Some Important Information about company which are given below :
1. Far East Knitting Industries Ltd is a high qualitative business institution. In fact this company operates ready made composite knit garments and sell those the foreingn market. The company main business activities such as knitting, deying, designing, manufacturing and marketing ready made garments and deal with the foreign markets.
2. The main products are Ladies and gents T-shirt, Tank Top, Jacket, Pajama, Jogger and Hoody Jacket etc.
3. Authorized Capital : Tk.1,50,00,000/-
4. Pre- IPO paid up capital : Tk.91,03,08,000/-
5. IPO size in Shares : 2,50,00,000/-
6. IPO size in Tk at face value : Tk.25,00,00,000/-
7. IPO size in Tk.at face value : Tk.67,50,00,000/-
8. Post IPO paid up Capital : Tk. 116,03,08,000/-
9. Face Value per share : Tk.10/-
10. Offer Price Per Share : Tk.27/-
11. Premium Per Share Tk.17/-
12. Issue Manager : IDLC Investment Limited